FOXTONS GROUP PLC

AGM Information • May 18, 2016

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RNS Number : 6363Y

Foxtons Group PLC

18 May 2016

Foxtons Group plc

(the "Company")

18 May 2016

Annual General Meeting ("AGM") Results

The Company announces that at its Annual General Meeting held earlier today all the resolutions set out in the Notice of Annual General Meeting were passed by the requisite majority.  Each of the resolutions put to the AGM was voted on by way of a poll. The results of the poll for each resolution were as follows:

Resolution * indicates Special Resolution	For (No. of shares)	For (%)	Against (No. of shares)	Against (%)	Votes Withheld (No. of shares)	Total issued. share capital instructed (%)
1. To receive the Annual Report and Accounts.	231,932,542	100.00	1,500	0.00	1,500		84.31
2.   To declare a final dividend.	231,935,542	100.00	0	0.00	0		84.31
3. To declare a special dividend.	231,935,542	100.00	0	0.00	0		84.31
4.   To approve the Directors' Remuneration Report.	183,576,785	79.30	47,907,719	20.70	451,038		84.14
5.   To re-elect Andrew Adcock as a Director.	231,406,639	99.77	528,903	0.23	0		84.31
6. To re-elect Ian Barlow as a Director.	231,533,388	99.83	402,154	0.17	0		84.31
7.   To re-elect Michael Brown as a Director.	230,482,889	99.37	1,452,653	0.63	0		84.31
8.   To re-elect Nicholas Budden as a Director.	230,489,712	99.38	1,445,330	0.62	500		84.31
9.   To re-elect Annette Court as a Director.	231,532,588	99.83	401,654	0.17	1,300		84.31
10.            To re-elect Gerard Nieslony as a Director.	230,427,388	99.38	1,445,330	0.62	62,824		84.29
11. To re-elect Garry Watts as a Director.	229,995,148	99.31	1,594,570	0.69	345,824		84.18
12.            To re-appoint Deloitte LLP as auditors of the Company.	231,188,264	99.68	745,978	0.32	1,300		84.31
13. To authorise the Audit Committee to determine the auditors' remuneration.	231,533,588	99.83	400,654	0.17	1,300		84.31
14.            To authorise the Company to make political donations.	231,919,371	99.99	15,671	0.01	500		84.31

15.To authorise the Directors to allot ordinary shares.	231,932,827	100.00	1,200	0.00	1,515	84.31
16. To disapply pre-emption rights.*	231,931,821	100.00	2,421	0.00	1,300	84.31
17.            To authorise the Company to purchase its own ordinary shares.*	231,586,918	99.85	347,324	0.15	1,300	84.31
18.            To authorise the Directors to hold general meetings on not less than 14 clear days' notice.*	219,675,047	94.71	12,260,495	5.29	0	84.31
19.            To cancel the share premium account.*	231,932,336	100.00	1,500	0.00	1,706	84.31

The Board has noted the votes received in respect of resolution 4 (Directors' Remuneration Report). 

The Remuneration Committee consulted with the majority of the Company's shareholder base regarding the remuneration policy prior to the AGM and this is reflected in the significant level of support received for the Directors' Remuneration Report.  We recognise, however, that not all shareholders have voted in support and we value their feedback.  The Remuneration Committee will continue to have a dialogue with major shareholders regarding remuneration matters ahead of the 2017 AGM when the Company's remuneration policy is next scheduled to be put to the vote.

*Special Resolution

NOTES:
1.	All resolutions were passed.
2.	Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
3.	Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
4.	A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution nor in the calculation of the proportion of "Total issued share capital instructed" for any resolution.
5.	The number of shares in issue at 6:00 p.m. on 16 May 2016 was  275,104,391 (the "Share Capital") and at that time, the Company did not hold any shares in treasury.
6.	The proportion of "Total issued share capital instructed" for any resolution is the total of votes validly cast for that resolution (i.e. the total votes "For" and "Against" that resolution) expressed as a percentage of the Share Capital.
7.	The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.foxtonsgroup.co.uk.
8.	A copy of resolutions 16-19 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM.
9.	The complete poll results will be available shortly on the Company's website at www.foxtonsgroup.co.uk
For further information please contact:
Foxtons Investor Relations
Jenny Matthews		Tel: 020 7893 6484

This information is provided by RNS

The company news service from the London Stock Exchange

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